ATTs 177million data breach settlement wins US court approval MarketScreener
pLog Inpppppppppppppp
Published on 06202025 at 1205
updated on 06202025 at 1645
ppWASHINGTON Reuters A US judge granted preliminary approval on Friday to a 177million settlement that resolves lawsuits against ATT over breaches in 2024 that exposed personal information belonging to tens of millions of the telecom companys customerspp
US District Judge Ada Brown in Dallas said in a ruling that the classaction settlement was fair and reasonable pp
The deal resolves claims over data breaches that ATT announced in May and July last year Depending on which breach is involved ATT has agreed to pay up to 2500 or 5000 to customers who suffered losses that are fairly traceable to the incidents After payments are made for direct losses the remaining funds will be distributed to customers whose personal information was accessedpp
ATT said it denied allegations it was responsible for these criminal acts pp
We have agreed to this settlement to avoid the expense and uncertainty of protracted litigation pp
ATT said it expects the settlement will be approved by the end of 2025 with settlement payments to be issued early next yearpp
One of the incidents resulted in the illegal downloading of about 109 million customer accounts at the US wireless company ATT disclosed that its call logs were copied from its workspace on a Snowflake cloud platform covering about six months of customer call and text data from 2022 from nearly all its customerspp
In March 2024 ATT said it was investigating a data set released on the dark web and said its preliminary analysis showed it affected approximately 76 million current account holders and 654 million former account holders The company said the data set appeared to be from 2019 or earlierpp
The Federal Communications Commission is also investigating In September ATT agreed to pay 13 million to resolve an FCC investigation over a data breach of a cloud vendor in January 2023 that impacted 89 million ATT wireless customerspp
The FCC said the data exposed in 2023 covered customers from 2015 through 2017 that should have been deleted in 2017 or 2018pp
Reporting by Mike Scarcella and David Shepardson Editing by Mark Porter Leslie Adler and Rod Nickelpp
By Mike Scarcella and David Shepardsonpppp0 selectedppHow ATT Found Its Focuspp
June 26 2025 at 0502 am EDT
ppATT continues to expand its fiber network with a new acquisitionppATT Inc 7 dividend yield but a new paradigmpp ppCurrency ForexppCommoditiesppCryptocurrenciespp
Best financial portal
pp
951 of historicalperformance
pp
More than 20 yearsat your side
pp
1000000members
pp
Quick easycancellation
pp
Our Expertsare here for you
ppOUR EXPERTS ARE HERE FOR YOUppMonday Friday 9am12pm 2pm6pm GMT 1ppSelect your editionppAll financial news and data tailored to specific country editionsppNORTH AMERICAppMIDDLE EASTppEUROPEppAPACp
Published on 06202025 at 1205
updated on 06202025 at 1645
ppWASHINGTON Reuters A US judge granted preliminary approval on Friday to a 177million settlement that resolves lawsuits against ATT over breaches in 2024 that exposed personal information belonging to tens of millions of the telecom companys customerspp
US District Judge Ada Brown in Dallas said in a ruling that the classaction settlement was fair and reasonable pp
The deal resolves claims over data breaches that ATT announced in May and July last year Depending on which breach is involved ATT has agreed to pay up to 2500 or 5000 to customers who suffered losses that are fairly traceable to the incidents After payments are made for direct losses the remaining funds will be distributed to customers whose personal information was accessedpp
ATT said it denied allegations it was responsible for these criminal acts pp
We have agreed to this settlement to avoid the expense and uncertainty of protracted litigation pp
ATT said it expects the settlement will be approved by the end of 2025 with settlement payments to be issued early next yearpp
One of the incidents resulted in the illegal downloading of about 109 million customer accounts at the US wireless company ATT disclosed that its call logs were copied from its workspace on a Snowflake cloud platform covering about six months of customer call and text data from 2022 from nearly all its customerspp
In March 2024 ATT said it was investigating a data set released on the dark web and said its preliminary analysis showed it affected approximately 76 million current account holders and 654 million former account holders The company said the data set appeared to be from 2019 or earlierpp
The Federal Communications Commission is also investigating In September ATT agreed to pay 13 million to resolve an FCC investigation over a data breach of a cloud vendor in January 2023 that impacted 89 million ATT wireless customerspp
The FCC said the data exposed in 2023 covered customers from 2015 through 2017 that should have been deleted in 2017 or 2018pp
Reporting by Mike Scarcella and David Shepardson Editing by Mark Porter Leslie Adler and Rod Nickelpp
By Mike Scarcella and David Shepardsonpppp0 selectedppHow ATT Found Its Focuspp
June 26 2025 at 0502 am EDT
ppATT continues to expand its fiber network with a new acquisitionppATT Inc 7 dividend yield but a new paradigmpp ppCurrency ForexppCommoditiesppCryptocurrenciespp
Best financial portal
pp
951 of historicalperformance
pp
More than 20 yearsat your side
pp
1000000members
pp
Quick easycancellation
pp
Our Expertsare here for you
ppOUR EXPERTS ARE HERE FOR YOUppMonday Friday 9am12pm 2pm6pm GMT 1ppSelect your editionppAll financial news and data tailored to specific country editionsppNORTH AMERICAppMIDDLE EASTppEUROPEppAPACp
